# Rupee tumbles 6 paise to close at 73.02 against U.S. dollar

> The rupee fell 6 paise to close at 73.02 against the dollar on Budget day, tracking a rebound in the US currency overseas. Indian equities rose sharply, with the Sensex up 5%, while foreign investors were net sellers.

- Date: 2021-02-01 · published 2021-02-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/48927-rupee-tumbles-6-paise-to-close-at-73-02-against-u-s-dollar
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

The small move in the rupee has little direct effect on feed prices. Its effect on Indian import costs is limited, though a weaker rupee slightly raises dollar-priced input costs.

## Read by commodity

- USDINR: bullish ▲

## Sources

- thehindu.com: https://www.thehindu.com/business/markets/rupee-tumbles-6-paise-to-close-at-7302-against-us-dollar/article33717040.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.